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NAIC CEO departs prematurely
19 November 2012
Washington DC

The current CEO of the National Association of Insurance Commissioners (NAIC), Dr Therese Vaughan, has announced that she will be stepping down from her role earlier than planned...

VCIA forms captive coalition to tackle NRRA
16 November 2012
Vermont

A new coalition wants to have the Non-admitted and Reinsurance Reform Act (NRRA) clarified so that it does not apply to captive insurance...

‘A’ ratings affirmed for Nissan Global Reinsurance
13 November 2012
New Jersey

A.M. Best has given a financial strength rating of “A- (Excellent)” and issuer credit rating of “a-” to Nissan Global Reinsurance (NGRe), a single parent captive of car manufacturer Nissan.

Hurricane Sandy could force captive hands
09 November 2012
New Jersey

A.M. Best is contacting rated captive companies that have been affected by Hurricane Sandy to get an indication of the impact of the event...

Delaware insurance commissioner re-elected
07 November 2012
Delaware

It has been reported that Karen Weldin Stewart has been re-elected to a second term as Delaware’s insurance commissioner...

Rise in Guernsey’s Asian activity
05 November 2012
Guernsey

The Chinese Ambassador to the UK, Liu Xiaoming, has encouraged Guernsey’s continued progression in China after a meeting with Guernsey, chief minister, Peter Harwood...

Randall & Quilter purchases Capstan Insurance Company
01 November 2012
St Peter Port

Randall & Quilter Investment Holdings has completed the acquisition of Capstan Insurance Company...

Hamilton Insurance gets A ratings
30 October 2012
New Jersey

A.M. Best has given the financial strength rating (FSR) of “A (Excellent)” and issuer credit rating of “a+” to Hamilton Insurance, a subsidiary of BNY Mellon...

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